The financial impact of the gender pay gap over a woman's working life is about $1.5 million. Photo: Joel Carrett/AAP PHOTOS

The gender pay gap accelerates across a woman's working life, peaking in her late-50s and leaving female workers millions of dollars short of men over their careers.

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Women entering the workforce in their late teens earn slightly more than men - $376 on average equalling a gender pay gap of two per cent in favour of women - a Workplace Gender Equality Agency (WGEA) report has found.

But between 20 to 24 years, the gender pay gap switches to 1.1 per cent in fav

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